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The article states 1) it was a boom/bust and 2) the boom/bust was caused by government regulation. It states that Tulipmania was a rational response to anticip
by sol_remmy 9y ago
The article states 1) it was a boom/bust and 2) the boom/bust was caused by government regulation.
It states that Tulipmania was a rational response to anticipated government regulation that would let investors cancel their futures contracts for only a small fee.